Kanye West is the third highest earning celebrity on earth.
In a rare interview, the 42-year old talked with Forbes about his design process, what the future holds for the Yeezy brand, and more—in a way only he can.
Below is some of the takeaways from the interview:
He tells the magazine that he sees his diagnosis of bipolar disorder not as a hindrance but as a “superpower” that unlocks his imagination.
“Crazy is a word that’s not gonna be used loosely in the future. Understand that this is actually a condition that people can end up in, be born into, driven into & go in & out. & there’s a lot of people that have been called that ‘C’ word that have ended up on this cover.”
Will Kenya West outsell Micheal Jordan?
While the Jordan line does approximately $3 billion in annual sales; West’s upstart is expected to top $1.5 billion in 2019 and growing. West still owns 100% of Yeezy, a holding that made him a centimillionaire much earlier in life than other competitors—including Michael Jordan
Kanye thinks Yeezys are the “Lamborghini of shoes” and Adidas is trying to keep them limited. In the interview he said
“There’s a little bit of Lamborghini in everything I do. Yeezy is the Lamborghini of shoes.”
Kanye West makes more off royalties than Michael Jordan does.
The Addidas Yeezy line is one of the most popular sneaker lines.
According to Forbes, the Air Jordan line does roughly $3 billion in annual sales. Adidas Yeezy is projected to top $1.5 billion in 2019. One thing that Ye already has MJ beat in is royalties. West reportedly makes 15-percent royalties on wholesale in comparison to Jordan’s estimaed 5-percent royalties on wholesale Air Jordan sales. The 42-year old also still owns 100-percent of the Yeezy brand—something that has helped him become a centimillionaire faster than some of his footwear counterparts like Jordan.
He owns 100 percent of Yeezy and it’s going to make him a billionaire. He said
“I am a product guy at my core. To make products that make people feel an immense amount of joy and solve issues and problems in their life, that’s the problem-solving that I love to do.”